Lathrop Homes, a neighborhood in Chicago, Illinois, exhibits a "White Majority" demographic profile with a 63% white population as of 2022. The area shows signs of increasing diversity, potentially moving towards a "Moderate Diversity" classification. The median income in Lathrop Homes was $155,252 in 2022, indicating an affluent area within Chicago. This neighborhood has undergone redevelopment in recent years, transforming from a public housing project into a mixed-income community.

Over the past decade, Lathrop Homes has experienced a transition from a predominantly white community towards increased diversity. In 2013, the neighborhood had a "Low Diversity" profile with 71% white population. By 2022, the white population decreased to 63%, indicating a shift towards "Moderate Diversity." The Hispanic population has remained between 10-17% over the years. The Asian population has shown growth, increasing from 9% in 2013 to 13% in 2022. The Black population has experienced fluctuations, ranging from 0% to 16% at different points in the decade.

The median income in Lathrop Homes has shown an upward trend, increasing from $137,066 in 2013 to $155,252 in 2022, with fluctuations in between. This rise in median income correlates with the changing racial demographics, particularly the increase in Asian population and the maintenance of a white majority. The population of the neighborhood has changed over time, peaking at 4,358 in 2017 before declining to 3,676 in 2022. This population fluctuation, combined with the rising median income, suggests a possible gentrification process or a shift in the socioeconomic makeup of residents as the area transitioned from public housing to mixed-income development.